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Posted on 14/08/2024

Declining interest rate environment will affect UOB’s growth engine, says CFO Lee

The upcoming declining interest rate environment will affect a huge part of United Overseas Bank U11 0.00% ’s (UOB) growth engine, so the bank will have to focus on fee income for the foreseeable ...

Posted on 14/08/2024

Singapore Dollar Notches New 2024 High Amid Tighter Policy View

The Singapore dollar extended gains to touch a fresh 2024 high versus the greenback as forecasts for the local central bank to keep a tighter monetary policy relative to the Federal Reserve this year ...

Posted on 14/08/2024

Singapore shares rose on Wednesday—STI increased by 0.7%

In the broader market, 80 stocks were on the rise, while 38 experienced declines, with 42.5 million securities traded, totalling S$56.1 million in value ...

Posted on 14/08/2024

Singapore’s Wilmar posts higher HY profit on food unit strength, higher Adani Wilmar earnings (Aug 13)

Singaporean agri-business Wilmar International's first half profit inched higher, reflecting better performance at its food products segment and helped by higher earnings from the Adani Wilmar joint ...

Posted on 14/08/2024

Singapore shares rise at Wednesday’s open; STI up 0.7%

SINGAPORE shares opened higher on Wednesday (Aug 14), after US and Europe indices rallied overnight. Read more at The Business Times.

Posted on 14/08/2024

Live: Open-top bus parade for Team Singapore’s Olympic athletes

SINGAPORE: Hello and welcome to our live coverage of the open-top bus parade for Singapore's Olympians, who flew the flag high at the recent Paris Games. It's a chance to celebrate the athletes' ...

Posted on 14/08/2024

Singapore Top Property Firms’ Earnings Show Sector Headwinds

Two of Singapore’s largest property companies reported a mixed set of results Wednesday, as high interest rates and a global real estate slowdown weighed on performance in the first half.

Posted on 14/08/2024

Public companies own 33% of Singapore Post Limited (SGX:S08) shares but individual investors control 57% of the company

Key Insights Significant control over Singapore Post by individual investors implies that the general public has ...

Posted on 14/08/2024

Singapore narrows 2024 growth forecast to 2-3%; economy expands 2.9% in Q2

The key manufacturing sector is expected to see a gradual recovery in the second half of 2024. Read more at straitstimes.com.

Posted on 14/08/2024

Commentary: Fresh opportunities, pressing challenges for DBS under new leadership

DBS is poised to get its first female CEO when Tan Su Shan takes over the reins from retiring chief Piyush Gupta next year. Her technological expertise will stand the bank in good stead, says NUS ...

Posted on 14/08/2024

DBS launches treasury tokens with Ant International for cross-border liquidity management

The project on DBS' blockchain will enable Ant International to use the digital token to achieve instant, multicurrency treasury management across multiple markets DBS, Singapore's largest banking ...

Posted on 14/08/2024

Recycling plastics into roads: How 29-year-old is paving a greener future for Singapore

The founder of tech start-up Magorium developed a sustainable material that uses plastic – even those deemed “unrecyclable” – to construct our roads, instead of relying on crude oil. Read more at ...

Posted on 14/08/2024

Singapore Airlines to drop its only route from Houston’s Bush airport to Manchester in 2025

Singapore Airlines will suspend its flights between Houston's Bush Intercontinental Airport to Manchester, England, in April 2025.

Posted on 14/08/2024

Google’s Pixel Watch 3 & Buds Pro 2: Singapore Pricing & Availability

Google announced the launch of the Pixel Watch 3 and Pixel Buds Pro 2, revolutionising the market with advanced features and sleek designs.

Posted on 14/08/2024

Singapore’s Sea Lifts Outlook as It Fends Off TikTok, Lazada

Sea Ltd. raised the outlook for its main online retailing arm, signaling the Southeast Asia e-commerce leader is effectively encountering intense competition from the likes of TikTok and Lazada.

Posted on 14/08/2024

Singapore’s DBS Bank Launches Blockchain-Enabled Treasury Tokens Pilot

Singapore’s largest bank by assets, DBS, disclosed the launch of the treasury tokens pilot through its partnership with Ant International.

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